Propellor Property
Find the Right Property
Find the Right Property
All the property we recommend is new or in the process of being built. Why?
- Because new build investment only require 20% deposit
- They are compliant with the Healthy Homes regulations
- They have less or no maintenance and repair issues
- They tend to attract a higher rental
- They can be sold after 2 years without incurring tax on any profit (speak to your accountant about this)
- Between the time you purchase an off the plan property and the time it is finished you may enjoy capital gain from the growing value of the property through the build
- Older property could have tax obligations under new regulations
Safeguarding Investments in Property
We also spend a lot of time researching the developers of the property. Property investing is a long game and it is important that we work with only the right developers and ensure all contracts protect the interests of our clients.
As part of our research we check:
- What reputation do they have in the marketplace
- What have they built before
- What is the quality of their fixtures and finishes
- Do they provide our clients warranties and guarantees
- What does their sale and purchase agreement look like?
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